Full-Time
Posted on 9/19/2025
High-performance blockchain for fast transactions
No salary listed
Remote in USA
Remote
Candidates must be able to work remotely within US time zones.
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Solana is a blockchain platform that enables fast, secure, and scalable decentralized applications and cryptocurrencies. It uses a proof-of-stake consensus, processing blocks in about 400 milliseconds and handling thousands of transactions per second with very low fees. Solana differentiates itself by combining high throughput with low costs and an eco-friendly design to support broad adoption. Its goal is to provide reliable, affordable infrastructure that helps developers and everyday users build and use decentralized applications.
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$394.1M
Headquarters
San Francisco, California
Founded
2018
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Very competitive salary and benefits
Unlimited vacation policy
Generous wellness benefits and equipment/workspace budget
Life & Disability Insurance
401k program
Yearly, all expenses paid offsites (sometimes for the whole family!)
Options to work in San Francisco, Boulder, or San Diego offices (or remote!)
Shinhan Card partners Solana Foundation to pilot stablecoin payments. April 30, 2026 - By Bitcoin.com News - Original Shinhan Card partners with Solana Foundation to pilot stablecoin payments, exploring hybrid finance models amid evolving regulatory frameworks in South Korea. Confidence: 80% Horizon: medium-term Key numbers. * 2026 * 7 billion * 50 Market drivers (micro). * Increased interest in blockchain by traditional financial institutions * Development of stablecoin payment systems * Focus on non-custodial wallets Context (macro). * South Korea finalizing digital asset regulations * Shift towards integrating blockchain in mainstream finance Who wins / who loses. * Winners: Shinhan Card and Solana Foundation as they enhance their offerings. * Losers: Traditional payment systems that may face competition from blockchain solutions. Scenarios. Base The pilot will successfully demonstrate stablecoin payments, leading to broader adoption in South Korea. Alt Regulatory hurdles delay the pilot's commercial launch, limiting its impact. What to watch next. * Outcomes of the stablecoin pilot tests * Developments in South Korea's digital asset regulations * Responses from other financial institutions to blockchain integration Full analysis. Shinhan Card partners with Solana Foundation for stablecoin payments. Shinhan Card, South Korea's largest credit card issuer, has announced a partnership with the Solana Foundation to pilot stablecoin payments. This collaboration marks a significant step for traditional financial institutions as they increasingly explore blockchain technology and its applications in mainstream payments. Key aspects of the partnership. The partnership aims to develop stablecoin-based payment systems and hybrid finance models. The initiative builds on previous proof-of-concept work and will move into a more advanced testing phase. The companies plan to simulate real-world payment scenarios using Solana's test network, allowing them to evaluate the performance and reliability of blockchain technology under commercial conditions. A major focus of this pilot will be on non-custodial wallets, which enable users to manage their own funds without intermediaries. Shinhan Card intends to assess both the technical stability and operational viability of these wallets, emphasizing the importance of balancing user control with security. Regulatory considerations. The rollout of this stablecoin pilot is closely tied to South Korea's digital asset act, which is currently being finalized. This comprehensive framework is expected to define how cryptocurrencies and related services operate in the country. Shinhan Card has indicated that any commercial launch will depend on the direction of these regulatory developments. Broader implications. This collaboration reflects a broader trend in Asia's financial sector, where firms are increasingly exploring how blockchain infrastructure can support faster payments and new asset classes. As traditional finance begins to merge with decentralized systems, the results of this pilot could significantly influence future product development in the industry. In conclusion, the partnership between Shinhan Card and the Solana Foundation not only highlights the growing interest in blockchain technology among traditional financial players but also sets the stage for potential innovations in payment systems and financial services.
Companies holding Solana (SOL) in their treasuries have seen stock prices plummet 75% to 92% since late 2025, as the token declined 34% year-to-date. Analyst Ted Pillows warns these stocks could fall another 30% to 50% before bottoming. Forward Industries, the largest institutional SOL holder with 6.9 million tokens purchased at an average $230, now faces over $1 billion in unrealised losses with SOL trading near $82. Sol Strategies has dropped 92% since its September Nasdaq listing, whilst Sharps Technology is down 89% with $225.45 million in paper losses. Pillows noted Ethereum treasury firms show relative near-term strength but cautioned this is likely temporary before both ETH and associated stocks reach new lows. The sector faces mounting questions about concentrated single-asset strategies.
Solana's 68% slide: price pain, validator exodus, and what comes next. Solana is going through a rough patch again. The token is down about 68% from its all-time high, and the number of validators securing the network has fallen by a similar margin, raising fresh concerns about security, decentralization, and long-term investor confidence. Solana's price: from peak hype to sharp drawdown. Solana was one of the strongest performers in the last crypto cycle, delivering huge returns as it climbed into the top tier of blockchain networks by market cap. At its peak, SOL traded near record highs before slipping as market conditions turned and speculative flows cooled. * SOL now trades about 68% below its all-time high, even after its massive rally in the previous year. * The price decline follows a broader cooldown in altcoins and meme-driven speculation that once helped push Solana volumes and activity to extreme levels. * Despite the drawdown, Solana still ranks among the largest crypto assets, with strong liquidity and an active ecosystem across DeFi, NFTs, and real-world assets. For investors, this combination, still a top network, but well off the peak, naturally raises the question: is this a discounted opportunity or a warning sign? Validator count drops back to 2021 levels. Alongside the price slump, Solana's validator set has shrunk dramatically. This is a key datapoint, because validators are the machines and operators that help secure the network, confirm transactions, and keep the chain decentralized. * Active Solana validators have fallen from more than 2,500 at the peak in 2023 to around 800 now, roughly a 65-68% decline. * Current validator numbers are back to levels last seen in 2021, despite Solana hosting far more value and activity today. * The decline has been steady over the last few years, with an acceleration after protocol-level changes and higher performance expectations made it harder for weaker validators to remain profitable. On the surface, losing nearly two-thirds of the validator set looks alarming, especially for anyone who equates validator count directly with decentralization and security. Validator behavior is closely tied to consensus design. Explore this in Why Consensus Algorithms Matter More Than Most Investors Think Why validators are leaving the network. The validator exodus is not driven by a single factor. Instead, it is the result of economic pressure, technical demands, and protocol decisions that changed the incentives and requirements for running a node on Solana. Key drivers include: * Economic squeeze: Running a high-performance Solana validator requires powerful hardware and stable infrastructure, which can become unprofitable when token prices fall and staking rewards compress. * Network pruning and quality controls: Solana introduced processes to remove underperforming or non-contributing validators, aiming to reduce spam, improve latency, and boost overall throughput. * Competitive staking environment: Large, well-run validators and staking providers attract most of the stake, leaving smaller operators with too little delegated SOL to cover costs. Supporters argue that this is a "quality over quantity" transition, where inefficient validators exit, leaving a smaller but stronger core set of operators. Critics counter that even if the remaining validators are technically better, concentrating power in fewer hands undermines the decentralization story that underpins the value of a public blockchain. Security and decentralization: how worried should you be? With both price and validator count dropping by similar percentages, it is natural to question whether Solana is still secure enough to justify long-term investment. Points in favor of the network: * Solana still processes transactions far faster and cheaper than many rivals, which supports real usage across DeFi, NFTs, and tokenized real-world assets. * Core developers and ecosystem teams claim that many departing validators were low-quality and that the network is more robust now, not less. Risks that remain: * A smaller validator set concentrates voting power and makes it easier for large players or coordinated groups to influence the network. * Solana does not have a perfect uptime record, with several historical outages and performance issues that still weigh on its reputation among conservative investors. In simple terms, Solana is faster and cheaper than most competitors, but it carries more technical and centralization risk than the most battle-tested networks. Is Solana's 68% drop a buy signal or a red flag? For traders and long-term holders, Solana's situation is nuanced. The 68% drawdown from the all-time high puts SOL in "deep discount" territory compared to its peak, but not necessarily in "no-brainer bargain" territory. Bullish arguments: * If network usage continues to grow and more value moves on-chain, demand for SOL to pay fees and secure the network could support a long-term recovery. * Any renewed risk appetite in crypto markets could favor high-beta assets like Solana that have already proven they can rally dramatically in bull markets. Bearish or cautious arguments: * The shrinking validator set could signal deeper structural issues, potentially limiting decentralization and raising long-term governance concerns. * A history of outages and the need for ongoing technical fixes mean Solana may remain a "higher-risk, higher-reward" bet compared to more mature networks. To understand how network activity affects costs and incentives, read The Economics of Gas Fees: Who Really Pays for Blockchains? For everyday readers, the takeaway is simple: Solana is not dead, but it is clearly in a more fragile phase. The price crash and validator decline should be seen as a serious risk factor, not just noise, especially for anyone considering large or long-term exposure. Sabnam is a passionate Blockchain student and dedicated Content Writer at Cryptodarshan.com, where she focuses on simplifying complex cryptocurrency and blockchain concepts for everyday readers. With a strong interest in decentralized technology, digital finance, and Web3 innovation, she is committed to spreading awareness about the future of money and technology.
New paper highlights 'quantum-safe Bitcoin' - focus turns on XRP instead. Bitcoin's attempt to stay quantum-safe comes with a key limitation, prompting market attention toward other networks. Updated 06:00 EDT April 11, 2026 If there's one theme shaping the 2026 cycle so far, it's that networks are starting to prioritize security. A week ago, Solana [SOL] ran a quantum-resistance test to evaluate whether the network could withstand quantum-related attacks. The key takeaway was a significant trade-off: about a 90% drop in speed in exchange for stronger security guarantees. Notably, other networks are now starting to follow suit. In the past two days, two major quantum-related updates came out for Bitcoin [BTC]. One prototype allows users to recover funds if quantum computers ever break current signature schemes. Now, a proposal by Avihu Levy suggests that Bitcoin transactions could be made quantum-safe without requiring changes to the core protocol. Interestingly, the latter has become the main focus among crypto enthusiasts. Levy released a whitepaper highlighting how Bitcoin transactions could become quantum-resistant without requiring a soft fork. That said, it doesn't come without trade-offs. Notably, Bitcoin can be made quantum-safe today without a protocol upgrade, though each transaction could cost around $75 to $150 in GPU compute. Put simply, this means users would pay more in computing power and cost in exchange for stronger security without changing Bitcoin's base protocol. In short, security for networks won't come without trade-offs. First, Solana proved it with a 90% reduction in speed, and now Bitcoin with higher transaction costs. In this context, does this setup give a potential edge to networks that can better balance security with efficiency without pushing either cost or speed too far? Bitcoin's quantum debate shifting attention toward XRP. One clear signal from recent moves is that quantum threats are shifting from hype to a real concern. Why does this matter? As networks roll out ways to become more quantum-resistant, it will likely become a key factor in deciding where user trust forms across L1s. In turn, that trust directly influences how users interact with a network, including on-chain growth, usability, and ultimately transaction activity over time. In this context, the recent transaction milestone on Ripple [XRP] starts to carry more weight. As the chart below shows, XRP transactions have surged past a 2-year high of 5 million. What's more, the network maintained low fees, throughput stayed above 140 TPS, with peak blocks processing up to 987 transactions. And it doesn't stop there. Experts suggest XRP may carry significantly lower quantum risk than Bitcoin. From their perspective, a large share of XRP wallets have never exposed public keys. In contrast, BTC has an estimated 35% of supply that may be vulnerable. Additionally, XRPL's escrow locks help reduce exposure. Meanwhile, Bitcoin's model requires users to move funds, which exposes public keys in the process. In short, XRP's network design may strengthen its positioning in a shifting security landscape. At the same time, Bitcoin's higher exposure highlights a different risk profile. Against this backdrop, XRP remains better positioned, while Bitcoin continues to face trade-offs between scale, security, and legacy exposure. Final summary. * Bitcoin is increasingly prioritizing quantum resistance, but upgrades come with clear trade-offs. * Against this backdrop, XRP is gaining attention for maintaining low fees while being viewed as potentially lower quantum risk.
Solana Foundation Launches STRIDE program to fortify ecosystem security. Solana Foundation Launches STRIDE Security Program By Neil Mathew Edited by ahmed Apr 7, 2026 at 01:25 PM Updated Apr 7, 2026 at 09:26 AM 3 mins read The Solana Foundation launched a structured ecosystem security initiative on Monday, partnering with blockchain security firm Asymmetric Research to introduce STRIDE - Solana Trust, Resilience and Infrastructure for DeFi Enterprises - a tiered evaluation and monitoring program open to all Solana-based protocols, alongside a coalition incident response network that formalizes coordinated threat containment across the ecosystem. The announcement, published in a Foundation blog post, arrives less than two weeks after a $270 million exploit against Drift Protocol exposed the depth of administrative and operational security gaps that conventional smart contract audits do not address. That the Foundation is now funding ongoing security operations at scale - rather than issuing post-incident guidance - signals a material shift in how the ecosystem's primary institutional backer is calibrating its security posture ahead of anticipated institutional capital inflows. Solana STRIDE and SIRN: program mechanics, eligibility tiers, and the Asymmetric Research framework. The mechanism functions as follows. Asymmetric Research will independently evaluate applicant protocols against a multi-pillar security framework covering operational security, access controls, multisig configurations, governance vulnerabilities, smart contract integrity, key management practices, and economic design - a scope that extends materially beyond the static code review that conventional audit reports provide. Evaluation results will be made publicly available to users and investors, establishing a shared, comparable standard for protocol safety rather than the siloed, sponsor-commissioned reports that currently dominate the space. STRIDE v0.1 is live and open for all Solana DeFi protocols to apply immediately, with findings published to a public repository. The program applies differentiated support based on total value locked. Protocols that pass evaluation with more than $10 million in TVL will receive Foundation-funded 24/7 active threat monitoring and ongoing operational security support calibrated to risk exposure. Those exceeding $100 million in TVL will be offered access to formal verification tools - mathematical proof-based methods that check all possible smart contract execution paths, not merely the paths a manual reviewer anticipates. That tiered structure is doing deliberate work: it concentrates the highest-cost security resources on the protocols whose failure would generate the most systemic damage, while still providing a credible baseline evaluation for smaller entrants. Alongside STRIDE, the Foundation launched the Solana Incident Response Network (SIRN), a membership-based coalition of security firms dedicated to real-time analysis, containment, and remediation during live exploits. Founding participants include Asymmetric Research, OtterSec, Neodyme, Squads, and Zeroshadow. SIRN is open to all Solana-based protocols, though the Foundation's blog post states that access will be prioritized by TVL and impact - a triage model that reflects how incident response resources are most efficiently deployed under time pressure. The Foundation noted that STRIDE and SIRN build on existing no-cost ecosystem tools including Range Security for risk alerts, Sec3 X-Ray for static analysis, and Auditware Radar for vulnerability detection. Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, Coinspeaker Ltd. encourage you to verify information on your own and consult with a professional before making any decisions based on this content. Neil is a professional cryptocurrency content writer with years of experience. He has written for various cryptocurrency websites to report on breaking news, and been hired by all sorts of cryptocurrency projects, to create content that would increase their exposure and attract more potential investors.